Updates

Scientific Digital Imaging

August 2019

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A hard working FY19 for CEO Mike Creedon as Scientific Digital completed five acquisitions during the year, which together contributed £1.3m to sales. Sales were up by 20% to £17.4m including full year contributions from the two prior year acquisitions (5% organic) with adjusted profit up 32% to £3.1m and adjusted eps of 3p, up from 2.6p. Net debt at the period end was £1.6m. Digital Imaging, the grouping of nine businesses that supply “gel doc” systems for the life sciences (Synoptics cluster of businesses) and also specialist cameras (Atik Camera cluster), saw revenues up 23% to £9.4m and operating profit doubled to £2m. The business completed three acquisitions in the ye ...

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